Based on 7000 responses from oil and gas industry survey conducted by the Hays, the world’s leading recruiting experts, oil and gas professionals are well paid compared to many other industries.
The Oil & Gas Global Salary Guide is based on some 7,000 responses and presents the average salaries of oil and gas professionals working across more than 30 countries and 20 discipline areas.
Undoubtedly oil and gas professionals are a valuable commodity regardless of the global financial crisis. Matt Underhill, Managing Director of Hays Oil & Gas, explains: “With an average permanent staff salary of more than US $75,000 equivalent globally, those in this industry are earning a premium compared to most other industries. Professionals in the industry are well paid, highly skilled and highly mobile,” continues Underhill.
The input from more than 7,000 professionals provides in depth analysis of the industry as it stands today and is undoubtedly a unique offering in the world of oil and gas. “When Hays requested oil and gas job search’s assistance with the survey, it was with a great deal of excitement that we accepted the challenge,” said Duncan Freer, Managing Director of Oil and Gas Job Search.
Highlights of survey results:
• Average permanent salary is $75,000
• Average contract salary for local professionals is $95,000 and $168,000 for imported professionals
• Those working within subsea/pipelines are the big winners, earning on average $109,000 per annum
• Two thirds of employers surveyed intend to award salary increases in the next 12 months